Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Arcus−0.115%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$470.473% of the position

Long on Arcus Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.115%, 7d avg +0.021%

Together, before fees+0.162%+$16 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.136% cheaper against Arcus than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SUI-USD	1.0400	0.0100	pay 0.0013% / 1h	52m 32s	$44K	$330K	10x
Short	HTX SUI-USDT	1.0388	0.0100	get 0.0100% / 8h	3h 52m	$584K	$19.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee HTXbpOrdersPrice spread, now −0.115%Rate

Funding earned: $0
Price spread: −0.115% → +0.021%: −$13.65
Slippage, 4 orders: −$30.82
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$60.97
Costs to cover: 0.473%
Break-even: never at this rate

Slippage from Arcus: live order book, 1 min ago; HTX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 1 min ago	4.80 bp	8.5 bp −$9	21.2 bp −$212	doesn't fit	doesn't fit
Sell HTX live order book, 7 min ago	8.68 bp	15.1 bp −$15	35.2 bp −$352	79.4 bp −$7,938	doesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SUI/USDC PERP	−0.3470%	1h	1.0250	−1.442%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0376%	1h	1.0386	−0.135%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0304%	1h	1.0389	−0.110%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0066%	1h	1.0403	+0.028%	$6.8M	$26.9M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0395	−0.046%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0413	+0.120%	$499K	$5.0M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0383	−0.163%	$116K	—	150x	as long as short
Bluefin SUI-PERP	+0.0028%	1h	1.0383	−0.163%	$594K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0392	−0.080%	$806K	$5.4M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0397	−0.029%	$300K	$2.2M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0390	−0.096%	$43K	$515K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0393	−0.064%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0384	−0.149%	$587K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0392	−0.077%	$909K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0394	−0.058%	$225K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0392	−0.076%	$150.6M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0389	−0.102%	$102.1M	$309.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0388	−0.115%	$40.7M	$389.4M	50x	as long as short
Arcus SUI-USDlong	+0.0100%	1h	1.0400	long leg	$44K	$330K	10x
Bulk SUI-USD	+0.0100%	1h	1.0369	−0.298%	$244K	$5K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0394	−0.058%	$170.3M	$80.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0388	−0.115%	$152.9M	$292.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0390	−0.096%	$50.1M	$53.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0386	−0.135%	$67.9M	$172.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0395	−0.048%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0403	+0.029%	$657K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0363	−0.359%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0356	−0.421%	$170K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0356	−0.425%	$452K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0362	−0.365%	$228K	$429K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0397	−0.029%	$124K	$745K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0396	−0.038%	$48K	$143K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0371	−0.279%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0398	−0.019%	$14K	$2.1M	10x	as long as short
HTX SUI-USDTshort	+0.0100%	8h	1.0388	−0.115%	$584K	$19.7M	75x
Phemex SUIUSDT	+0.0100%	8h	1.0392	−0.077%	$11.9M	$26.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0390	−0.100%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0406	+0.058%	$39K	$11K	3x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0135%	1h	1.0404	+0.038%	$202K	$572K	25x	as long as short
01 Exchange SUIUSD	+0.0136%	1h	1.0401	+0.010%	$9K	$2K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0397	−0.029%	$7.9M	$24.9M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0405	+0.048%	$1.0M	$15.1M	50x	as long as short
Phoenix SUI	+0.0408%	1h	1.0389	−0.109%	$211K	$415K	10x	as long as short
Hyperliquid SUI	+0.0428%	1h	1.0400	+0.005%	$75.2M	$81.4M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0613% / S −0.0267%	1h	1.0382	−0.173%	$960K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1487%	1h	1.0385	−0.149%	$83K	$402K	10x	as long as short